Intro Payhip Maria Wedel
Of all the ways of monetizing blog Articles, my Strategy is To create and sell products. I have found that it’s extraordinarily more rewarding than running advertisements from networks like AdSense, and self explanatory products convert at a much greater rate than an affiliate product that somebody else created. The service I use to facilitate this is Payhip, and in this post I’ll be sharing what I both like and dislike about the ceremony based in my Payhip expertise as a seller for 2+ years. Payhip Maria Wedel
My Payhip Experience
If you have ever wanted to market products Through your own website, you’ll need a way to facilitate trades — some kind of infrastructure that will allow a client to select your goods, pay for it, and have it instantaneously delivered to them with complete hands-off automation. Payhip solves this problem.
What is Payhip?
Payhip is An e-commerce platform/website that gives customers with solutions and the simplest tools for selling products to their customers and hosting online.
The Provider Was co-founded by Abs Farah and Kahin Farah and is now based in my capital city of London.
What are the advantages of using Payhip?
Each online Platform differs, and I have used a couple of these in the past.
Having A platform that is so simple to use and one that does not require a huge amount of my time is of utmost significance.
Payhip will Save you a lot of time because everything is cared for on the Payhip platform.
The Benefits that I’ve gained the most from using Payhip include –
- EU VAT is cared for, which is a big plus in my book.
- Affordable. The website takes zero fees asides From 5 percent per trade when you sell a digital product.
- Access to analytics reports.
- Access to marketing tools. You have the option to make Societal and Coupons discounts.
- Ability to signup, manage and reward your own affiliates.
- Access to merchandise sharing tools. Plus it is possible to embed Purchase and your merchandise Now buttons on your website or blog.
- The ability to setup mailing lists so that your customers can Subscribe and stay up to date with your electronic products, and more.
- Immediate digital product delivery via email link to buyers.
What I Like About Payhip
Let us get to the information. After my 2+ year Payhip experience, here’s what I love about the service…
Payments Are Instantaneous
Payhip let us your customers pay with PayPal Or by credit/debit card with Stripe, plus they do not cover monthly/weekly/quarterly or force you to wait for them to clean some sort of holding period. When a customer makes a purchase, the cash is immediately available on your account, and in case you have the PayPal and Stripe apps installed on your mobile device, you are going to receive notifications whenever a sale happens. Payhip Maria Wedel
I happen to appreciate this. The excitement of Seeing a new sale never gets older. It’s also good to wake up in the morning, reach for your phone, and see that you made X number of dollars while you were sleeping, and it is all readily available for you to spend. The caveat to this is Stripe. If your clients card with Stripe, there’ll be a three day hold before the money is available. This is Stripe however — Payhip doesn’t hold your cash at all.
No Monthly Charges
One of those things that Payhip originally sold me on is that there’s no Monthly fees or setup charges — only a simple flat fee of 5% per purchase .
This was appealing to me in 2016 Because, at the moment, my readership was less than 1/10th of what it’s now, and I wasn’t positive I was going to always sell enough product to warrant paying a monthly fee for a similar service like Gumroad. As a relatively new blogger with a small crowd, Payhip was the no-risk solution that best match my situation.
Simple To Understand Analytics
Payhip’s back end offers an page That lets you view trades and earnings quantities relative to the day, week, month, year, or any other given selection. Best of all, it is a report that is really straightforward and to-the-point.
If you used Google Analytics or Facebook analytics, the amount of data you’re instantly smacked in the face can be a bit overwhelming, and lots of it is largely useless also. Payhip just provides you what you’re there to view — revenue information. Nothing more, nothing less.
Run Promotions with Coupon Codes
Another advantage users of Payhip encounter is Promotions to run by creating coupon codes.
The codes may be for any percentage you’d Like and for any (or all) products. They could run for whatever duration you want (or even permanently,) along with the code itself may even be customized to whatever series of text you would like.
I have found this to be somewhat useful. Occasionally I will run a weekend promotion, post it on Facebook, then boost the post targeting a pixel re-marketing audience and I don’t fail to go ROI positive by it. People really do respond well to limited time offers. Payhip Maria Wedel
Your Own Affiliate Program
Payhip Provides you the ability Readers sign up as an affiliate of your shop, and you are able to award them a commission of whatever percent you would like, whenever someone buys a product using their custom affiliate link.
This is useful because it allows other Men and Women To market your products and if they have a platform and an audience of their own they can tap to, the commissions paid will be well worth it.
Easy Integration with Email Marketing
If you are into marketing, you will be Able to incorporate Payhip with your email marketing provider that is chosen so that a purchase is made, the purchaser’s email address could be added to a listing that is chosen.
That is relatively minor but I think it’s Pretty cool so I wish to give it a mention — if you desire, you can have Payhip postage the purchaser’s email address to the top left corner of each page of a PDF document they’ve bought.
So if someone intends to Purchase Your PDF Book make it accessible for free they’ll have to be okay with their email address being accessible. I believe that’s a means of deterring pirating.
Upload Many Sorts of Files
Payhip isn’t Only a market for ebooks — You can upload just about any sort of file. Font documents, video/audio documents, photos, software, etc..
Total Simplicity and Modern Design
One thing that can not be overlooked whenever You’re selling something is your website appears. Individuals do not trust sites that look obsolete, myself included. If a website looks like it hasn’t been upgraded since the net 2.0 times, then I start to wonder if perhaps I’m in an abandoned building and putting my payment info to it would pretty much be like throwing my money into a black hole.
That is not the case with Payhip though. The Site has a simple and very modern layout. This is what you would expect a checkout page from a trustworthy business to look like, if you were to purchase a digital product on the world wide web. Payhip Maria Wedel
Another thing I enjoy about Payhip is its In general simplicity. In the very moment a visitor lands on your product page, Payhip stays out of the way. They display your images, sales copy, and only the crucial info (like price.) They do nothing to interfere with your purchase — no.
Finally, what I actually enjoy about Payhip is That they do not store customer payment information, meaning your customers’ payment details are secure. The payment is totally managed through PayPal or Stripe, and I prefer it this way as they are successful companies with a lot of money.
What I Dislike About Payhip
As much as I enjoy Payhip, it is far from perfect. Here are some items that I dislike about the service and would like to see enhanced…
No Mobile App
One thing that bugs me around Payhip is that They don’t possess a program. It’d be convenient to be able to open an app while I’m out and around and have a look during my sales data. You do this and can log into the website, but the website is optimized for mobile devices.
I like Payhip, but that is a really Lousy appearance in 2018. There is no reason you should not have a site optimized for mobile, and when you have that, you should be able to easily turn the site itself into it’s own app so users do not have to manually sign in every time they would like to inspect sales information. Users of Payhip experience a better platform when they are on their devices.
No Upsells or Add-Ons In Checkout
On the checkout page, I’d really like to see an capability that is Extra to suggest Other products similar to what the client is going to purchase. If they are purchasing a bundle of logo templates for $5, I could offer a bundle of business card templates or suggest. This is something which sites like VistaPrint and Amazon do.
I can’t help but feel like there’s a Great Deal of money Table — for myself and Payhip — without this functionality. This could enhance the Payhip encounter for both the customer and the vendor.
Set On A Fixed Timezone
This one is largely frivolous, but I had still Like to see it corrected.
Since Payhip is located at London, they’ve BST was set to by the working timezone for the entire website. Since I am located in the EST, I will occasionally check my stats at 7PM or afterwards and see that I made 0 sales for the day since Payhip believes it’s midnight and its data reflects that.
This is a non-issue, but I Would like to observe the capability to adjust the site. Payhip Maria Wedel
More Flexibility with Coupon Codes
I know I raved about the voucher It is not perfect yet, although Code attribute earlier.
As it now stands, the advertising You’re able to run via a voucher code is to get a percentage off. Ideally, I’d like to be able to supply a dollar amount off the cost, or the ability to set a sale price that is specified.
At the moment, if I want to put a $27 product Available for $10, I have to break out the calculator and do the math to determine what percentage off would render the final price. I believe that is unnecessary and may be improved.
When creating A new product in Payhip, you have access to advanced alternatives which include —
- Make your merchandise private.
- Add an ISBN (Internation Standard Book Number) to your eBook.
- Upload a few sample or preview pages.
- Insert a limitation number to how many copies of eBook or your product can be sold.
- Create a unique license key for all your product/eBook sales.
Just how much does this cost?
Payhip will Cost you to establish or host your digital products. The website takes only 5% commission per trade fee.
Can I Recommend Payhip?
This leaves us with the burning question: after two + years as a vendor on Payhip, would you recommend it? Total, yes. I am very much a customer, but whether you should use it depends on your situation.
If you’re a blogger with a small audience And you can not justify spending $10+ per month for something such as Gumroad, then yes, I would recommend Payhip. If you know that you’ll be doing at least $ 1,000 in sales every month and sell a product that is high-ticket or have a huge audience, you might want to look into something.
As of this date of this writing, Payhip works On a flat fee of 5 percent of every sale. Gumroad’s fee is now 3.5% + $0.30 per transaction + $10 per month.
If you are going to be selling $1,000 per month in total volume, the mathematics should (typically ) prefer Payhip. But if you are selling into the thousands, you’ll probably want to decide on Gumroad or look into another alternative. That is all dependent on the number of transactions it requires to achieve those sales numbers though, so make certain to crunch the numbers.
Personally, I absolutely love the Payhip Experience and am grateful for their solutions. I would like to see them continue to grow and succeed. Payhip Maria Wedel